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China's foreign trade volume totaled 6.57 trillion yuan (1 billion) in the first quarter of this year, falling 6.4 percent year-on-year. In the meantime, the country's exports dropped 11.4 percent to 3.33 trillion yuan, and imports declined 0.7 percent to 3.24 trillion yuan, according to customs data released on Tuesday.
China's development is not only an achievement for China itself but also a contribution to the whole world. China has been committed to opening its market wider to the world and deepening mutually-beneficial cooperation with other countries. This means China's progress in science, technology and innovation has delivered benefits to the people of the whole world. China has lived up to its responsibility as a big country, standing firm during the Asian financial crisis of 1997 and the international financial crisis of 2008.
China's economic output in the fourth quarter of 2020 is on track to be higher than Capital Economics' forecast a year ago and the economic output would remain above trend for much of 2021, according to the note.
China's eldercare system has been steadily improving during the 13th Five-Year Plan period (2016-20), with a total investment of 13.4 billion yuan from the central budget over the past five years.
China's high growth in the wake of the 2008 financial crash reflected its high economic growth potential and the strong growth momentum helped by its full-fledged entry into the global economic trading system in 2001, but it also reflected the very effective policy response to the shock of the crisis, the expert said.
来源：资阳报